$3,562 Closing Credit*
$299,950
1,964 SqFt
3 Beds
•2 Full Baths
Listing Office: RED KEY REALTY INC
Is Fincastle, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Fincastle was a Seller's Market.
Key Takeaway
Fincastle is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Fincastle, VA
How much do homes in Fincastle, VA cost?
Median Sold Price
$450,000
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$90,000(+25.0%)
Key Takeaway
Homes in Fincastle have sold for 25% more than they did a year ago.
Summary: The median home sold price in Fincastle was $450,000 in November 2024, up 25% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $457.9K | - | N/A |
| 2 Bedrooms | $213.9K | $187.5K | -12.3% |
| 3 Bedrooms | $335K | $314.9K | -6.0% |
| 4 Bedrooms | $455.9K | $515K | +13.0% |
| 5+ Bedrooms | $975K | $805.7K | -17.4% |
Summary: Fincastle housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.3%, 3 bedroom homes decreased by 6%, 4 bedroom homes increased by 13%, and 5+ bedroom homes decreased by 17.4%.
Housing Supply in Fincastle, VA
How many homes are available in Fincastle, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 15 | 0.0% |
Summary: The Fincastle real estate market had 15 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 6 | 7 | +16.7% |
| 4 Bedrooms | 6 | 4 | -33.3% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Fincastle housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 2 | -71.4% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fincastle, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Fincastle in November 2024, down by 71.4% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Fincastle, VA
We’re sorry, we don't have information for this market at the moment
Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed regularly, but its accuracy is subject to market changes.